You Have the Skills to Sell the House Yourself?
Have You Properly Prepared the House for Sale?
Do You Understand the House’s Hot Buttons?
What Are the Financial Ramifications of Selling?
Do You Know the Rules for Capital-Gains Taxes on the Sale of a House?
8 Part 6: Appendixes Appendix A: Sample Real Estate Purchase Contract Appendix B: Sample Short-Sale Addendum plus Short-Sale Information and Advisory Appendix C: Example of a Good Inspection Report Appendix D: Glossary
9 Index
List of Tables
1 Chapter 1TABLE 1-1 Figuring Future Rent
2 Chapter 2TABLE 2-1 Your Spending, Now and After Purchasing a Home
3 Chapter 3TABLE 3-1 Monthly Mortgage Payment CalculatorTABLE 3-2 2020 Federal Income Tax Brackets and Rates
4 Chapter 10TABLE 10-1 Sample CMA — “Recent Sales” SectionTABLE 10-2 Sample CMA — “Currently for Sale” Section
List of Illustrations
1 Chapter 1FIGURE 1-1: The skyrocketing cost of renting.
2 Chapter 3FIGURE 3-1: It takes many years into a mortgage to begin making real progress a...FIGURE 3-2: Itemize mortgage interest and property tax deductions on Schedule A...
3 Chapter 4FIGURE 4-1: Median existing home sale prices in the United States since 1975.
4 Chapter 5FIGURE 5-1: How a credit score breaks down.
5 Chapter 7FIGURE 7-1: These documents may be waiting for you in the lender’s loan papers ...FIGURE 7-2: This type of form grants permission to your mortgage lender or brok...FIGURE 7-3: Here’s an estimated closing costs worksheet.FIGURE 7-4: The first part of Section I summarizes your personal information.FIGURE 7-5: The middle part of Section I details your employment.FIGURE 7-6: The last part of Section I details your other (nonemployment) incom...FIGURE 7-7: Section II asks for what you have and what you owe.FIGURE 7-8: Section III has you list real estate you already own.FIGURE 7-9: Section IV details the purpose of your loan and how you plan on usi...FIGURE 7-10: Declare yourself in Section V; watch out for the red flags.FIGURE 7-11: Honesty counts in Section VI.FIGURE 7-12: Section VII is used to track discrimination.FIGURE 7-13: Exercise your right to your property’s appraisal — ask for a copy.
6 Chapter 10FIGURE 10-1: How buyers and sellers approach fair market value.
7 Chapter 12FIGURE 12-1: A typical buyer counteroffer form.
8 Chapter 13FIGURE 13-1: An example of the type of superficial inspection report that you d...
9 Chapter 14FIGURE 14-1: TRID Loan Estimate. When your escrow closes, you will get a TRID C...
Guide
1 Cover
2 Table of Contents
Pages
1 i
2 ii
3 1
4 2
5 3
6 4
7 5
8 6
9 7
10 8
11 9
12 10
13 11
14 12
15 13
16 14
17 15
18 16
